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Updated about 1 year ago on . Most recent reply

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Chris Seveney
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Chris Seveney
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Mortgage Brokers & Lenders

Portfolio Lender with Assets Nationwide

Chris Seveney
  • Investor
  • Virginia
ModeratorPosted

Disclosure: Yes I am a private lender but we do not provide this type of financing so I wanted to #ASK

I have a client who has around $5M in real estate that has properties in GA, FL, NV and texas. They currently have under $1M in leverage on the assets but are looking to get a line of credit / portfolio loan to encumber these properties or other properties they acquire. I can google and look up lenders etc. but I also wanted to ask if anyone knew someone who they could refer?

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Replied

We have a direct product that does portfolio/blanket loans, even if the properties are out of state .

How many properties are in the bundle?

Why not just do regular cashout refi ? 

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